2911 S 1 ST TX 78704
| Owner | NGUYEN ANH THI |
|---|---|
| Parcel ID | 0405031124 |
| Short ID | 372054 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,000 SF |
| Land SF | 14,777 SF |
| Acres | 0.339 |
| Year Built | 1964 |
| Legal | LOT 1-2 BLK B SOUTH PARK SEC 1 |
| Neighborhood | 30CEN |
| Land | $1,921,010 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,921,010 |
| Improvement | $30,246 |
|---|---|
| Total Improvement | $30,246 |
| Market | $1,951,256 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,951,256 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,951,256 |
| Taxable Value | $1,951,256 |
|---|
| Total Due | $91,642.36 |
|---|---|
| First Delinquent | 2024 |
Appreciation: Market value has risen +81.1% from $1,077,553 (2021) to $1,951,256 (2025), a CAGR of 16.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $39,932. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 98% of market value ($1,921,010 land vs $30,246 improvements), about $130/SF of land. With value concentrated in the land under a ~62-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,951,256, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +16.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,098,819 by 2030, with an estimated annual tax burden around $59,197. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $91,642.36 in unpaid taxes since 2024. These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,000 SF | ✓ |
| 551 | PAVED AREA | 1,440 SF | ✗ |
| 501 | CANOPY | 500 SF | ✗ |
| 611 | TERRACE | 500 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +906 |
| Travis County | 0.3444% | 0.3758% | +613 |
| Austin ISD | 0.9505% | 0.9252% | -494 |
| Travis Central Health | 0.1080% | 0.1180% | +196 |
| Austin Community College | 0.1013% | 0.1034% | +41 |
Market value changed by 82% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $18,053.02 | $— | $18,053.02 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,224.91 | $— | $10,224.91 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,333.70 | $— | $7,333.70 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,302.93 | $— | $2,302.93 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,017.60 | $— | $2,017.60 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $39,932.16 | $0.00 | $39,932.16 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,951,256 | $1,951,256 | +0.0% |
| Assessed Value | $1,951,256 | $1,951,256 | +0.0% |
| Land Value | $1,921,010 | $1,921,010 | +0.0% |
| Improvement Value | $30,246 | $30,246 | +0.0% |
| Taxable Value | $1,951,256 | $1,951,256 | +0.0% |
| Total Tax 2026 = estimate |
~$39,932
Estimated
|
$39,932 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,951,256 | $1,951,256 | +0 (+0.0%) |
| Taxable Value | $1,951,256 | $1,951,256 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,951,256 | $1,921,010 | $30,246 | — | $1,951,256 | $1,951,256 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,951,256 | $1,921,010 | $30,246 | — | $1,951,256 | $1,951,256 | $39,932 | Verified |
| 2024 | $2,030,103 | — | — | −$109,093 | $1,921,010 | $— | $39,258 | Verified |
| 2023 | $1,112,886 | — | — | — | $1,921,010 ! | $— | $36,730 | Verified |
| 2022 | $1,078,304 | — | — | −$43,914 | $1,034,390 | $— | $21,979 | Verified |
| 2021 | $1,077,553 | — | — | −$43,163 | $1,034,390 | $— | $23,471 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -1.5% | -1.5% | ~100% | 2.0500% | Verified |
| 2024 | -2.4% | -2.4% | ~100% | 1.9800% | Verified |
| 2023 | +82.4% ! | +82.4% | ~100% | 1.8100% | Verified |
| 2022 | +3.2% | +3.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +81.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +16.4% | +16.0% | +82.4% | 2024 | -3.9% | 2025 |
| Assessment Ratio | 100.0% | 109.9% | — | 172.6% | 2023 | 94.6% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $39,932 | $32,274 | ~$50,913 | $39,932 | 2025 | $21,979 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,263,514 | ~$2,146,382 | ~2.0139% | ~$43,227 | +16.0% |
| 2027 | ~$2,625,742 | ~$2,361,020 | ~1.9814% | ~$46,781 | +34.6% |
| 2028 | ~$3,045,937 | ~$2,597,122 | ~1.9488% | ~$50,614 | +56.1% |
| 2029 | ~$3,533,376 | ~$2,856,834 | ~1.9163% | ~$54,745 | +81.1% |
| 2030 | ~$4,098,819 | ~$3,142,517 | ~1.8837% | ~$59,197 | +110.1% |
| 2026 | ~$2,224,489 | ~$2,146,382 | ~2.0465% | ~$43,925 | +14.0% |
| 2027 | ~$2,535,982 | ~$2,361,020 | ~2.0465% | ~$48,318 | +30.0% |
| 2028 | ~$2,891,093 | ~$2,597,122 | ~2.0465% | ~$53,150 | +48.2% |
| 2029 | ~$3,295,931 | ~$2,856,834 | ~2.0465% | ~$58,465 | +68.9% |
| 2030 | ~$3,757,457 | ~$3,142,517 | ~2.0465% | ~$64,311 | +92.6% |
| 2026 | ~$2,302,539 | ~$2,146,382 | ~1.9977% | ~$42,877 | +18.0% |
| 2027 | ~$2,717,063 | ~$2,361,020 | ~1.9488% | ~$46,012 | +39.2% |
| 2028 | ~$3,206,214 | ~$2,597,122 | ~1.9000% | ~$49,346 | +64.3% |
| 2029 | ~$3,783,426 | ~$2,856,834 | ~1.8512% | ~$52,886 | +93.9% |
| 2030 | ~$4,464,552 | ~$3,142,517 | ~1.8024% | ~$56,640 | +128.8% |
In 2025, this property's market value of $1,951,256 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +38% above the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $1,951,256 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,030,103 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,112,886 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,078,304 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,077,553 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | base yr |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.